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Excellon Resources Inc. T.EXN

Alternate Symbol(s):  EXNRF

Excellon's vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities, and shareholders. The company is advancing a precious metals growth pipeline that includes: Kilgore, an advanced gold exploration project in Idaho with strong economics and significant growth and discovery potential; an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history.


TSX:EXN - Post by User

Comment by silverforeveron Oct 15, 2020 3:39pm
118 Views
Post# 31722713

RE:RE:RE:RE:RE:RE:RE:RE:RE:Good news

RE:RE:RE:RE:RE:RE:RE:RE:RE:Good news
Some answers to the questions brought up on board. Everything looks to be right on track.
 
Management’s Discussion & Analysis of Financial Results For the three and six month periods ended June 30, 2020.
 
"Silver recoveries were consistent with the comparative periods and lead recoveries continued to improve.Zinc recoveries were impacted by ongoing adjustments designed to stabilize mill performance and have shown improvement since the restart of operations.
 
"The Company conducted limited exploration on the Platosa project. Planning continued for future field work and drilling, particularly at Jaboncillo and PDN. At Jaboncillo, the Company expects to follow up on drilling completed in 2019 that intersected multiple gossanous horizons with pyritic breccias and arsenopyrite as well as relict base metal sulphides. Petrographic studies conducted in Q2 2020 confirmed the presence of base metal sulphide species including sphalerite and galena in samples. These observations confirm the presence of the target system and that the system is productive for base metal sulphides on multiple structures over an approximately one-kilometre area."
 
"Follow up drilling is also planned for PDN where intense dolomitization and sanding along structures was intersected in preliminary drill holes, indicating the movement of hydrothermal fluids. During early Q1 2020, the Company commenced an underground drill program focused on further defining and expanding the Pierna, Rodilla"
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